Service Credit Calculation for Purchasing Service

R2-8-504. Service Credit Calculation for Purchasing Service A. An Eligible Member who purchases Service Credit shall receive one month of credited service for one or more days of service in a calendar month. B. Pursuant to A.R.S. 38-739(B), an Eligible Member who purchases Service Credit shall receive a proportionate amount of credited service based on the length of the Eligible Member’ s service year. C. Notwithstanding any other provision, an Eligible Member whose membership date is on or after July 20, 2011, cannot purchase more than five years of Service Credit for each of th e ser- following based on the length of the Eligible Member’s vice year: 1. Leave of Absence Service; 2. Military Service; and 3. Other Public Service. Historical Note New Section made by final rulemaking at 11 A.A.R. 2640, effective June 30, 2005 (Supp. 05-2). Amended by March 31, 2026 Supp. Administrative Code 2 A.A.C. 8 ADMINISTRATION RETIREMENT SYSTEM BOARD final rulemaking at 25 A.A.R. 303, effective March 18, 2019 (Supp. 19-1). Ser-